616 Avenue P

Owner: Malek Management

Debt: November 26, 2021, $0

Built: 1929

Renovated: 2018

SF: 61,200

Dwelling units: 59

No. of buildings: 1

Class: Semi-fireproof (Without Stores) (D1)

Floors: 6

Transactions:

• PIMCO on November 26, 2021 bought a loan with an original principal of $64 million from Capital One, signed by Demetrius Thornton, secured by 1601 Ocean Parkway and N/A Ocean Parkway, Sheepshead Bay, Brooklyn, when owned by Malek Management.

Development:

• Michael Malek filed plans for alteration in Sheepshead Bay, Brooklyn, on October 20, 2025.

• Joginder Singh filed plans for alteration in Sheepshead Bay, Brooklyn, on July 15, 2022.

• Michael Malek filed plans for alteration in Sheepshead Bay, Brooklyn, on April 11, 2022.

• Michael Malek filed plans for alteration in Sheepshead Bay, Brooklyn, on November 01, 2021.

• Joginder Singh filed plans for alteration in Sheepshead Bay, Brooklyn, on December 03, 2020.

Violations:

According to city public data, the properties have received 18 housing violations and $330 in OATH penalties in the last year.